Sections SEARCH Skip to content Skip to site index Politics Subscribe Log In Log In Today’s Paper Politics | After Boeing Crashes, Sharp Questions About Industry Regulating Itself Advertisement Supported by ByThomas Kaplan March 26, 2019 WASHINGTON — Seven years ago, an internal government watchdog took a hard look at the part of the Federal Aviation Administration responsible for certifying new Boeing jetliners. The watchdog’s investigation came to some alarming conclusions. F.A.A. employees viewed their management, the inquiry by the Transportation Department’s inspector general found, as “having too close a relationship with Boeing officials.” F.A.A. managers, the report said, had not always backed efforts by agency employees “to hold Boeing accountable,” and employees feared retaliation for trying to do so. The part of the F.A.A. under scrutiny, the Transport … [Read more...] about After Boeing Crashes, Sharp Questions About Industry Regulating Itself
Boeing 747 crash
Mar 21, 3:06 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By John Bromels 03/21/19 AT 3:02 AM The brightest star in troubled industrial conglomerate General Electric's (NYSE:GE) portfolio is definitely the aviation unit. GE Aviation has been outperforming the rest of the company, posting high margins, revenue and earnings growth, and impressive free cash flow.If only the rest of GE could follow suit...but that's another story.However, much of the unit's recent success has been thanks to CFM, its joint venture with Safran that produces the LEAP engine -- the engine used on the Boeing (NYSE:BA) 737 MAX series of planes. As you probably know, those are the planes that have tragically crashed twice in six months, first in Indonesia and more recently in Ethiopia. The news has already sent Boeing's stock plummeting. But here's why it might not affect GE Aviation...or, by extension, … [Read more...] about Will Boeing’s Problems Spell Trouble For GE Aviation?
Benjamin Zhang, provided by Published 4:41 pm PDT, Friday, March 15, 2019 Boeing The Boeing 737 Max airliner has been grounded by regulatory agencies and airlines worldwide. The action comes after two nearly brand-new Boeing 737 Max 8 airliners crashed within a matter of months. The crashes, the grounding of the fleet, and the public furor make the Boeing 737 Max one of the most controversial airliners in recent memory. Other airliners that ran into trouble include the de Havilland Comet, McDonnell Douglas DC-10, and the Airbus A320. The US Federal Aviation Administration grounded the Boeing 737 Max airliner on Wednesday. It was the last and arguably most significant regulatory body to take action against Boeing's state-of-the-art single-aisle jet. The enforcement action against the Boeing jet comes after two 737 Max 8 airliners crashed under strikingly similar circumstances in a matter of months. Read more: These airlines will likely take the biggest hit after the … [Read more...] about The Boeing 737 Max is now one of the most controversial airliners of all time. Here are 3 others.
In this March 11, 2019, file photo a worker stands near a Boeing 737 MAX 8 airplane parked at Boeing Co.'s Renton Assembly Plant in Renton, Wash. Boeing soared early in 2019 and lifted the Dow Jones Industrial Average with it. Now concerns about the safety of the newest version of its flagship airplane have halted the momentum. (AP Photo/Ted S. Warren, File) For more than six decades, the Federal Aviation Administration has relied on employees of airplane manufacturers to do government-required safety inspections as planes are being designed or assembled. But critics say the system, dubbed the “designee program,” is too cozy as company employees do work for an agency charged with keeping the skies safe while being paid by an industry that the FAA is regulating. “There is a potential conflict of interest,” said Todd Curtis, a former Boeing Co. safety engineer and creator of airsafe.com, a website that focuses on airline safety. “They (the FAA) don’t … [Read more...] about Congress to examine Boeing, FAA relationship after crashes
For more than six decades, the Federal Aviation Administration has relied on employees of airplane manufacturers to do government-required safety inspections as planes are being designed or assembled. But critics say the system, dubbed the "designee program," is too cozy as company employees do work for an agency charged with keeping the skies safe while being paid by an industry that the FAA is regulating. "There is a potential conflict of interest," said Todd Curtis, a former Boeing Co. safety engineer and creator of airsafe.com, a website that focuses on airline safety. "They (the FAA) don't have the money to do all of the oversight. It's a question of being practical." The FAA's oversight duties are coming under greater scrutiny after deadly crashes involving Boeing 737 Max jets operated by airlines in Ethiopia and Indonesia, killing a total of 346 people. The U.S. was nearly alone in allowing the planes to keep flying until it relented on Wednesday after getting satellite evidence … [Read more...] about FAA’s close ties to Boeing questioned after 2 deadly crashes